Morning Links: 20 August 2008

CHS set to grow in Pennsylvania, think tank says pre-K a failure, hedge fund checks out of Genesco, and more...

Email | Print By Geert De Lombaerde

Community Health Systems (Ticker: CYH) has signed a letter of intent to buy a hospital system in northeastern Pennsylvania.

The Tennessee Center for Policy Research says Gov. Phil Bredesen's pre-K program has not generated a meaningful impact on kids' educational performance.

New York hedge fund Anchorage Advisors has sold its entire stake in Genesco since June 30, when it still owned almost 1.9 million shares. The fund first bought into the Nashville retailer (Ticker: GCO) five months ago and looks to have made a pretty penny on its investment.

HealthSpring CFO Kevin McNamara has unloaded about $450,000 worth of stock (Ticker: HS) as part of a trading plan. Check the filings here and here.

The United Way of Metropolitan Nashville wants to raise $17 million this year.